cover of episode Mr. Money Mustache on Being Retired 19 Years & Turning 50 | MHFI 241

Mr. Money Mustache on Being Retired 19 Years & Turning 50 | MHFI 241

2024/11/12
logo of podcast Mile High FI Podcast

Mile High FI Podcast

AI Deep Dive AI Chapters Transcript
People
D
Doug Nordman
通过精心规划和坚持不懈,实现早退休和财务独立的海军退役军官和财务教育专家。
P
Pete Adeney
通过极度节俭和投资策略,在30岁时实现早退休,并成为早退休运动的领军人物。
Topics
Pete Adeney 分享了他近期的生活,包括接受 AARP 的采访、对退休生活的反思、健身和饮食习惯、以及尝试增加支出等。他强调了 FIRE 社区与传统退休人员的不同关注点,例如更注重健康、价值观和有意识的消费。他还分享了在联合办公空间的体验,认为这是一个很好的社交平台。Doug Nordman 则主要询问和回应 Pete 的观点,并分享了他自己关于购车和生活方式的想法。

Deep Dive

Chapters
Pete Adeney (Mr. Money Mustache) provides advice on how young adults can achieve early retirement by optimizing their spending and lifestyle choices.
  • Optimize spending by changing default American mentality of extreme inefficiency.
  • Live close to work, bike, and avoid unnecessary expenses like expensive martinis.
  • Increase income through job performance and consider high-income areas like the Bay Area.

Shownotes Transcript

Doug chats with Pete Adeney (Mr. Money Mustache) about a variety of topics centered around retirement, fitness, happiness, and sustainable living.  Pete also answers questions from the Facebook mailbag.

Sam – What advice would you give to a young adult today that wants to retire early?

Niel – Congratulations on becoming an empty nester. What are you most looking forward to in this new phase of life?

Khang – What is something new you’ve tried recently that you would recommend to others?

Rich – What is your sleep routine and are you a good sleeper?

Katie – You mentioned that you consulted with someone who wanted you to review their retirement plan. So have you done more of these consultations and what have you learned from the experience?

Andrea – You mentioned you want people to build new towns like Longmont. Do you have any thoughts on where the next Longmont might be given how expensive it’s become?

Chris – What are your thoughts on the Culdesac model? And have you brought any ideas back to Longmont from your time down there?

Kyle – What are your thoughts about the connection between the FIRE movement and environmentalism? Have you transitioned to socially responsible investing now that there are some low fee index funds for that? 

Rakesh – How do you maintain your composure when it seems like everything around you is falling apart?

Be sure to check out the new GhostBed Massage Topper).  Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed) (coupon code: MILEHIGHFI)

Need a fee only advisor?  Nectarine is a network of financial advisors where you just pay for investing & planning advice.  Advisors don’t manage your money, sell products, or earn commissions. We’re affiliates so we can earn a commission if you sign up.  Thanks for the support. https://milehighfi.com/nectarine)

Help Doug finally sell his gas-guzzler and purchase a new EV by providing support at Buy Me A Coffee).

Links

Pete Adeney/Mr. Money Mustache)

AARP, “Meet the Man Who Retired at 30”)

Tim Ferriss, Mr. Money Mustache episode)

Mr. Money Mustache blog posts:

“Frugal Man Buys $52,000 Car – Why??”)

“It’s Never too Late to Ditch your Gas Guzzler”)

“Socially Responsible Investing: Is It Also More Profitable?”)

Mr. Money Mustache & Culdesac on MHFI episode 207)

MHFI Facebook group)

Carl & Mindy on Ramit Sethi’s podcast)

Financial Independence Podcast, “Ramit Sethi – How to Spend (and Actually Enjoy It)”)

Culdesac)

Carl Jensen)

Mindy Jensen)

Scott Gallowway, Prof G Media)

Brad Barrett/ChooseFI)

Matt Walker, Sleep Diplomat)

Edge Esmeralda)

Gapminder)

KeySavvy)

Join the Mile High FI Club) – It’s the email list!

Get MHFi Merch) – It helps support the show. Get t-shirts & more

Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles)

Email the show: [email protected]

0:00 Introduction

2:04 Comparing traditional retirement to FIRE

6:53 Pete’s fitness routine & diet

10:44 Reflections on 19 years of retirement

17:10 The 4% rule & current expenses

22:50 Experimenting with more spending

28:11 Question – Advice for young adults retiring early

33:19 Question – What are you looking fwd to as an empty-nester?

34:30 Question – Something you’ve tried recently

38:46 Question – Sleep routine

43:39 Question – Consultations & coaching

46:59 Question – The next Longmont

52:24 Question – Thoughts on Culdesac

58:28 Question – Socially responsible investing

1:01:44 Question – World falling apart

1:06:49 Soundcheck – EVs